Banking
Payments status updates comprise 80% of Citi queries | Bank Automation News
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TORONTO — Eighty percent of queries across Citigroup’s 96-country network — which includes more than 200 million clients — are payment status queries. Pre-validation capabilities could bring that number down for banks, Debopama Sen, co-head of global payments and receivables at the $2.4 trillion Citi, said at the Sibos 2023 event this week. As payments […]
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Whitney McDonald
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